Capital One Financial Research Analysts Decrease Earnings Estimates for Vital Energy, Inc. (NYSE:VTLE)

Vital Energy, Inc. (NYSE:VTLE) – Equities research analysts at Capital One Financial cut their Q4 2024 EPS estimates for shares of Vital Energy in a note issued to investors on Tuesday, September 17th. Capital One Financial analyst B. Velie now forecasts that the company will earn $2.62 per share for the quarter, down from their previous estimate of $3.00. The consensus estimate for Vital Energy’s current full-year earnings is $6.27 per share. Capital One Financial also issued estimates for Vital Energy’s Q1 2025 earnings at $2.17 EPS, Q2 2025 earnings at $1.95 EPS, Q3 2025 earnings at $1.93 EPS, Q4 2025 earnings at $1.89 EPS, FY2025 earnings at $7.94 EPS and FY2026 earnings at $7.52 EPS.

Several other brokerages also recently issued reports on VTLE. Bank of America reiterated an “underperform” rating and issued a $46.00 target price on shares of Vital Energy in a research note on Friday, June 14th. Wolfe Research assumed coverage on Vital Energy in a report on Thursday, July 18th. They issued an “underperform” rating and a $50.00 target price for the company. Wells Fargo & Company decreased their price target on Vital Energy from $54.00 to $50.00 and set an “equal weight” rating for the company in a research note on Monday, July 22nd. Piper Sandler dropped their price objective on Vital Energy from $52.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, August 15th. Finally, JPMorgan Chase & Co. decreased their target price on Vital Energy from $45.00 to $31.00 and set an “underweight” rating for the company in a research report on Thursday, September 12th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Vital Energy has a consensus rating of “Hold” and an average price target of $52.45.

Vital Energy Stock Down 2.1 %

VTLE stock opened at $29.74 on Friday. The business has a 50 day moving average of $36.71 and a 200 day moving average of $44.97. The firm has a market cap of $1.09 billion, a PE ratio of 1.23 and a beta of 3.17. Vital Energy has a twelve month low of $26.02 and a twelve month high of $58.30. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.59.

Vital Energy (NYSE:VTLE) last announced its earnings results on Wednesday, August 7th. The company reported $1.46 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.42). Vital Energy had a net margin of 13.97% and a return on equity of 11.58%. The business had revenue of $476.37 million for the quarter, compared to the consensus estimate of $468.76 million. During the same quarter last year, the firm posted $4.35 EPS. The business’s quarterly revenue was up 42.2% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VTLE. CWM LLC grew its holdings in shares of Vital Energy by 400.9% in the second quarter. CWM LLC now owns 581 shares of the company’s stock valued at $26,000 after purchasing an additional 465 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Vital Energy by 42.0% in the 4th quarter. Quadrant Capital Group LLC now owns 937 shares of the company’s stock worth $43,000 after buying an additional 277 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Vital Energy by 39.2% in the 1st quarter. GAMMA Investing LLC now owns 1,054 shares of the company’s stock worth $55,000 after buying an additional 297 shares during the last quarter. nVerses Capital LLC increased its holdings in shares of Vital Energy by 100.0% in the 2nd quarter. nVerses Capital LLC now owns 1,800 shares of the company’s stock worth $81,000 after buying an additional 900 shares during the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of Vital Energy during the 2nd quarter valued at about $147,000. Institutional investors own 86.54% of the company’s stock.

Insider Activity at Vital Energy

In other Vital Energy news, CEO M. Jason Pigott acquired 2,500 shares of the stock in a transaction dated Monday, August 12th. The shares were acquired at an average cost of $37.85 per share, for a total transaction of $94,625.00. Following the completion of the transaction, the chief executive officer now directly owns 169,389 shares of the company’s stock, valued at $6,411,373.65. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.20% of the stock is owned by corporate insiders.

About Vital Energy

Vital Energy, Inc, an independent energy company, engages in the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas, the United States. The company was formerly known as Laredo Petroleum, Inc and changed its name to Vital Energy, Inc in January 2023.